Liz Truss came under growing pressure on Wednesday from a senior Tory MP to climb down further on her tax-cutting plans after ruling out public spending cuts.
Treasury Select Committee chairman Mel Stride warned that Chancellor Kwasi Kwarteng would only get one chance - in a fiscal statement on October 31 - to sort out the economic mayhem caused by his mini-budget. Liz Truss insisted at PMQs public spending will not be cut as market turmoil following the mini-budget continues.
